Call reports 2010
FIRST NATIONAL BANK OF ABSECON — 2010
What FIRST NATIONAL BANK OF ABSECON reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 149,421,000 | 152,852,000 | 153,865,000 | 154,719,000 |
| Total loans | 55,344,000 | 54,129,000 | 53,040,000 | 50,684,000 |
| Allowance for loan losses | 600,000 | 525,000 | 525,000 | 525,000 |
| Securities available for sale | 69,991,000 | 68,843,000 | 64,159,000 | 71,081,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 870,000 | 871,000 | 871,000 | 871,000 |
| Total deposits | 135,746,000 | 138,590,000 | 138,770,000 | 141,984,000 |
| Interest-bearing deposits | 120,049,000 | 123,929,000 | 123,885,000 | 125,804,000 |
| Noninterest-bearing deposits | 15,697,000 | 14,661,000 | 14,885,000 | 16,180,000 |
| Equity capital | 11,970,000 | 12,580,000 | 12,967,000 | 11,183,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 1,676,000 | 3,308,000 | 4,805,000 | 6,257,000 |
| Interest expense | 401,000 | 787,000 | 1,160,000 | 1,492,000 |
| Net interest income | 1,275,000 | 2,521,000 | 3,645,000 | 4,765,000 |
| Noninterest income | 66,000 | 132,000 | 204,000 | 277,000 |
| Noninterest expense | 1,216,000 | 2,386,000 | 3,673,000 | 4,710,000 |
| Provision for loan losses | 92,000 | 92,000 | 92,000 | 92,000 |
| Pretax income | 65,000 | 272,000 | 204,000 | 360,000 |
| Income tax | 21,000 | 42,000 | 69,000 | 88,000 |
| Net income | 44,000 | 230,000 | 135,000 | 272,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,982,000 | 12,810,000 | 12,714,000 | 11,695,000 |
| Total capital | 13,582,000 | 13,335,000 | 13,239,000 | 12,220,000 |
| Risk-weighted assets | 61,435,000 | 61,456,000 | 61,671,000 | 63,380,000 |